An original 1931 poster for Frankenstein has just set a world record as the most valuable insert movie poster ever sold at auction.
It sold for $262,900 at Heritage Auctions on July 27th.
Arts Daily reports:
The sale provided a monster payday for the collector who bought it as a teenager for only a few dollars at a local antique store and later kept it in the closet for over 30 years. The entire auction sold more than $1.86+ million in movie posters and related movie memorabilia.
The poster was previously owned by Keith Johnson, of Ottawa, Ill.
"I got it from an antique store in town in either 1968 or 1969, and I probably only paid $2 to $5 for it," said Johnson.
Whoa, that's quite the return on investment.